Sale could generate tidy profit


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  • | 11:00 a.m. October 13, 2017
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Continuing a wave of Gulf Coast lodging property sales fueled by years of tourism gains, The Carlyle Group is believed to be in the final stages of selling the Postcard Inn on St. Pete Beach. Washington, D.C.-based Carlyle is asking more than $45 million for the 60-year-old, Art Deco hotel, people familiar with the sales effort say.

 

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